Ports in Liverpool and the Republic of Korea (also known as South Korea) have signed a memorandum of understanding (MOU) to enhance trade and maritime services between them.
Lim Ki-tack, president of the Busan Port Authority, visited Liverpool and met Mark Whitworth, CEO of Peel Ports Group, as part of moves to strengthen their technical, economic and commercial activities.
The MOU covers infrastructure development, environmental improvements, commercial waterfront development and skills and education.
The Busan Port Authority is the fifth largest container port in the world, handling 17 million containers a year, and Peel Ports is hoping to learn from its use of technology in its project to become the first semi-automated container terminal in Europe at Liverpool 2.
Whitworth said: “We hope this partnership will not only help inform plans for the semi-automated container terminal at Liverpool 2, but will create an opportunity for us to exchange information as part of a mutually beneficial relationship as we invest in emerging technologies.”
Ki-tack said: “This opportunity of signing the co-operative MOU between Busan Port Authority and Peel Ports Group will create mutual benefit by sharing information and co-operating in port-related activities.”